Homes costing 20 lakhs in Hyderabad

Q: Hey I want to buy a house in hyderabad but my budget isn't too high. Maximum I'll go up to is 20 lakhs. Do you think Hyderabad has a good real estate market that has such affordable properties? If so, in which areas?

Medha Mammidipuddi, Hyderabad

16th September 2014

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Replies (11)

Hi. In Bowenpally, Bachupally and Nallakunta, you can get nice 1 bhk apartments for in a price range of 12 to 15 lakh :)

Krishna Rao, Hyderabad

16th September 2014

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Yeah most of these low priced apartments are builder floor apartments, so sharing space always has to be compromised to the extent that you mgiht not even get a front view. But most buyers don't seem to mind that because there are more positives I guess.

Raghav Karra, Hyderabad

16th September 2014

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Are you sure you want to go in for low budget properties in Hyd? Because I used to stay in one of those and there was no parking and very bad security and maintenance work.

Ashwin Aysola, Hyderabad

16th September 2014

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That is so true! Buyers earn Rs 30,000 per month for their properties and have to pay a down payment of 20% for their 20 year term loans. But renters only get 10k per month for properties valued at 20 lakhs.

Ashok Kolluru, Hyderabad

16th September 2014

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Mostly people owning these budget properties are end users. Many bachelors and IT professionals opt for rental accomodation but also can afford to buy property. They take up these properties a lot.

Vijay Krishna Koneru, Hyderabad

16th September 2014

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Keep in mind that in Hyderabad, buying has always been a better option than renting. This will give you much better returns from investment.

Radha Reddy, Hyderabad

16th September 2014

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For bigger 1 bhk apartments, you can find in AS Rao Nagar and Nizampet. Price here is between 18 to 20 lakh.

Suresh Kota, Hyderabad

16th September 2014

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Hello. A 1 bhk apartment costs about 13 lakh in places like Rs 13 lakh in Sainikpuri, Uppal and Chanda Nagar :)

Srinivasan Rao, Hyderabad

16th September 2014

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As soon as these employees are transferred, they leave this market. They like to take up properties with low prices because they are only there for a temporary time and don't have to deal with annoying landlords because the houses are small and easy to maintain.

Kamat Reddy, Hyderabad

16th September 2014

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Hey check out real estate in North and Easy Hyderabad. They have so many different types of properties for under 20 lakhs but not so much demand for them. So prices will be cheap. Also South hyd also has.

Ashok Sharma, Hyderabad

16th September 2014

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You have many many options in Hyderabad for your budget my friend. Many prime localities are selling 2 and 3 bhk multi storey and builder floor apartments of 400- 800 sq ft. Look out for the perfect deal!

Asif Khan, Hyderabad

16th September 2014

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